Oil managed to rebound from 44.20 which will consider as intraday support level where mrket still facing resistance zone at 46.00-50
as long as market holding below this zone the downtrend pressure will sustain to affect market while below 44.20 market will face 42.75 and 41.00 as support levels
above 46.50 this may give the Oil farther advance where resistance at 47.75 and 49.35
| Support | Resistence | |
| Level 1 | 44.20 | 46.00-50 |
| Level 2 | 42.75 | 47.75 |
| Level 3 | 41.00 | 49.35 |
